FoggyIsle.XYZ | Market's view on Ilika Plc

A stock watcher highlighted the requirement for belief in the company’s advanced ground-breaking science to potentially make a fortune, juxtaposed against concerns about continuous grant applications from seemingly complacent directors.
A decade after being listed on AIM, the company has generated virtually no commercial revenue, leading to a lack of confidence among investors.
Despite positive news, the share price barely increased, indicating a persistent lack of market confidence in the company.
Goliath was named the chosen solid-state battery for Tata Agratas in Somerset, with an expectation that Tata might eventually take a significant stake in the company.
Agratas (Tata’s global battery business) has begun community engagement in Somerset as part of the build-up to setting up Britain’s biggest battery cell manufacturing facility.
The company is expected to receive an APC grant in the coming months, indicative of continued reliance on grant funding.
Agratas has joined the Goliath project, indicating interest in closely examining the technology, potentially as a long-term partner and investor.
A substantial buy order was filled, suggesting confidence from some quarters despite general market skepticism.
There are concerns about the pace of development with Goliath, as significant OEM investment is not expected for another 12 to 18 months.
Further delays in revenue generation were confirmed during a Stereax session, with slow FDA approval processes dampening expectations.
The company has sufficient cash for the immediate future, with scaling up funds expected to come from third parties.
Speculation about a possible discounted equity cash raise during the Capital Markets Day.
New corporate videos on Goliath and Stereax were released, aiming to improve communication and investor confidence.
Discussion about the potential of Gelion’s battery technology in comparison to Goliath, noting that Gelion’s directors recently bought stock, indicating confidence.